Task 1 1. A roll forward is an important test in relation to year-end balance of gross PPE. It is necessary for the auditor to have assurance about the amount on the year-end 2011 balance sheet. However, a majority of the dollar amounts on the balance sheet should have been tested in the previous year. Roll forward allows the auditor to asses any activity since the last recording on the balance sheet. The mathematical accuracy is crucial because if the numbers are off, the auditor could be tested additions and/or disposals information that is not right. The beginning balance after the roll forward must equal the amount from the audited balance from the previous year, and these must also agree to the lead sheet. This is because these are…show more content… Task 2 Questions: 1) The audit team decided to perform analytical procedures to test Depreciation Expense because the Risk of Material Misstatement was assessed as low. The low risk of material misstatement would lead to a high Detection Risk which would allow the auditor to rely on less effective procedures (i.e. analytical procedure rather than substantive test of details). Also, the calculation of depreciation expense used the Gross PPE balances, which were audited by substantive test of details meaning we can rely on those balances because the test of details is a more effective procedure. There was also very minimal change to the Gross PPE balance used for depreciation calculations during the year. The two major expenditures during the year occurred after the 15th of December which means no depreciation will be taken on those assets for the current year. Because we can rely on our procedures and historical data we use the Gross PPE balances heavily in our expected depreciation calculation. Analytical procedures is appropriate for testing Depreciation Expense for Shoe Zoo, Inc. because of the combination of the three factors above, a low detection risk as well as reliable Gross PPE balances because of substantive test of details. 2) The error found in the PPE additions
VS 1 A COMPARITIVE ANALYSIS OF MARKETING STRATERGIES FOLLOWED BY NIKE AND ADIDAS TEAM MEMBERS ANUPAMA VENU CLAES JOTORP DEEPAK TUSHIR GUSTAV TENERZ SAIRAM KRISHNAN SANJAY SHARMA SUNANDA SURESH 09014 09126 09032 09128 09088 09090 09112 2 INDEX 1. INTRODUCTION 1.1. BRIEF ANALYSIS OF INDUSTRY 1.2. BRIEF DEFINITON OF INDUSTRY 1.2.1.TRENDS IN THE INDUSTRY 1.2.2.MARKET ANALYSIS 1.2.3.MAJOR PLAYERS AND MARKET SHARES 1.3. MAJOR FORCES SHAPING THE INDUSTRY 1.3…
Chapter 94[->0] In this chapter Pi and Richard finally reach Mexico and when 6 or 7 poor people find him they bathe him and feed him and then take him to the hospital to nurture him. Chapter 93[->1] In this chapter Pi states that the rest of his story is nothing but grief , ache and endurance. Chapter 92[->2] In this chapter Pi and Richard arrive on an island made entirely of plant mass. There is only green, which Pi finds soothing as his favorite color but Pi thinks it to be an illusion…
By: Raven, Bertram H. Analyses of Social Issues & Public Policy. Dec2008, Vol. 8 Issue 1, p1-22. 22p. DOI: 10.1111/j.1530-2415.2008.00159.x. Database: Academic Search Complete Analyses of Social Issues and Public Policy, Vol. 8, No. 1, 2008, pp. 1--22 The Bases of Power and the Power/Interaction Model of Interpersonal Influence Bertram H. Raven∗ University of California, Los Angeles This article provides a summary of work done by Raven and his colleagues on bases of power. It ranges from the initial…
October 25th, 2011 Lecture #1 – Sensation Chapter 5 – Sensation * How do we perceive the world around us? * Gain information from a variety of sources * Psychophysics and Psychophysiology Psychophysics What do Weber fractions tell you about sensation? Psychophysics is a relation between physical stimulus and psychological response * Fechner: Father of Psychophysics * Can determine a just noticeable difference * JND – Just Noticeable Difference…
weights can be given to different factors. Personal preferences are included. 6. The qualitative approach usually considers many more factors, but its results are less exact. 7. Clustering examples in the service sector include fast-food restaurants, shoe and jewelry stores in a shopping mall, and theme parks. 8. Factors to consider when choosing a country: I I I I I I I Environmental regulations Incentives Proximity to raw materials/customers Land/construction costs 10. Franchise operations…
NCFE LEVEL 3 SUPPORTING TEACHING AND LEARNING IN SCHOOLS Please save the Learners Declaration to your PC, add your details, and upload with your completed assessments. Assignment 1 – Understanding development and supporting equality, diversity and inclusion. QUESTION 1 a. Explain the sequence and rate of each aspect of development from birth – 19 years The main areas of development include: physical development, social and emotional development, intellectual development and language…
Teaching and Learning through Multiple Intelligences Seminar/Workshop Content Outline: PART I – Explanation 1. What is the theory of multiple intelligences (M.I.)? 2. How does this theory differ from the traditional definition of intelligence? 3. What do multiple intelligences have to do with my classroom? 4. How has M.I. theory developed since it was introduced in 1983? 5. Who are the critics of this theory and what do they say? 6. What are some benefits of using the…
Practice Guidance for the Early Years Foundation Stage May 2008 Setting the Standards for Learning, Development and Care for children from birth to five STATUTORY FRAMEWORK NON-STATUTORY GUIDANCE Practice Guidance for the Early Years Foundation Stage Contents Section 1 – Implementing the EYFS ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Introduction Putting the Principles into practice General points on provision of the EYFS Meeting the diverse needs of children Partnership working Flexible provision…
